A guide to investing in the UAE's real estate market
Dubai is in constant development and has a reputation as a safe and comfortable city for expats to live in from all over the world. This city can be called one of the centers of world tourism and business. It has been always attracting entrepreneurs who are changing the life of the whole world for the better.
Taking into account zero property tax, the openness of the country's leadership, and the encouragement of investment in the city, buying real estate here is becoming more and more profitable.
Buying off-plan property in Dubai
One of the most popular options for those looking to invest in Dubai's real estate market is off-plan properties. Off-plan properties in Dubai refer to new buildings that are still in the pre-construction phase. These properties offer many benefits, including lower prices, flexible payment plans, and the chance to personalize your living space. Moreover, investing in off-plan properties can be a wise financial decision, as the value of the property is likely to increase significantly once the building is completed.
However, choosing the off-plan property that would satisfy all your needs may be a challenging task. Here are some points to consider for making the right decision:
1.1.1 Pay attention to the location. Make your choice based on your needs. Think about whether you are choosing your family nest or a property for investment, whether you want to live at the center of the vibrant metropolis or, on the contrary, in silence and solitude, whether it will be a place close to business and shopping centers, or maybe you just need proximity to the beach.
1.1.2 Find information about the amenities and facilities in the community or nearby: greenery, swimming pools, jogging tracks, BBQ areas or other things that may be important to you.
1.1.3 Always consider price and the developer’s reputation to ensure you are getting the best value for your money!
Luxury off-plan properties for sale in the UAE
Investing in luxury off-plan properties in the UAE and in Dubai in particular can be a smart financial decision, as these properties are highly sought after by both locals and expats. Furthermore, the value of luxury properties in Dubai is expected to continue to rise in the coming years, making them a solid long-term investment.
For those seeking luxury living in Dubai, the off-plan market has plenty to offer. From beachfront apartments to sprawling penthouses, there are a variety of luxury off-plan properties available for sale in the UAE:
2.1.1 Address Villas Hillcrest: A new project by Emaar offering a premium collection of branded luxury villas in the heart of Dubai Hills Estate. The handover is scheduled for Q2 of 2026.
2.1.2 Beachgate: A luxury residential complex located in the Emaar Beachfront community, at the very heart of the Dubai Harbour maritime district. The handover is scheduled for Q4 of 2026.
2.1.3 Vie by Elie Saab at The Fields: A unique branded project in the heart of Meydan for connoisseurs of elegant luxury, outstanding design, and unsurpassed quality from the fashion industry icon. The handover is scheduled for Q4 of 2023.
2.1.4 Lagoons by DAMAC: A new large-scale residential project located next to DAMAC Hills that will consist of 8 clusters inspired by beautiful cities of Mediterranean countries—Spain, Italy, France, Malta, Greece, and Morocco.The handover is scheduled for Q4 of 2024.
2.1.5 Riviera by Azizi: A large-scale development located in the Meydan area of Mohammed Bin Rashid City, on the banks of Dubai Canal. The project will include residential and commercial buildings, a huge shopping and entertainment complex, sports facilities, fountains, promenades. The handover is scheduled for 2025.
Best communities to buy property in Dubai
Here are some of the best communities for buying off-plan properties in Dubai:
3.5.1 Dubai Marina: This vibrant neighborhood is known for its high-rise buildings, luxurious amenities, and close proximity to the beach. Dubai Marina is a popular destination for off-plan property buyers, due to its diverse range of options, including apartments, townhouses, and penthouses.
3.5.2 Downtown Dubai: This area is home to the iconic Burj Khalifa, the world's tallest building, as well as The Dubai Mall, the largest shopping center in the world. Downtown Dubai is a prime location for off-plan properties due to its central location, attractive investment potential, and luxurious amenities.
3.5.3 Business Bay: This commercial hub is located in the heart of Dubai and is surrounded by some of the city's m ost iconic landmarks. It is a popular destination for off-plan property buyers, due to its close proximity to the central business district and its range of high-end residential and commercial developments.
3.5.4 Jumeirah Lake Towers (JLT): JLT is a popular community for off-plan property buyers, due to its tranquil lakeside location and array of amenities, including shopping centers, restaurants, and parks.
3.5.5 Mohammed Bin Rashid City: This new development is located just outside of Dubai and is expected to become one of the city's most sought-after communities. Mohammed Bin Rashid City is a popular destination for off-plan property buyers, due to its modern design, attractive investment potential, and wide range of residential and commercial developments.
Regardless of which community you choose, it is important to do your research and understand the risks associated with buying off-plan properties in Dubai. It's always a good idea to consult with a real estate expert and financial advisor before making a purchase.
Buy best off-plan properties on Everhomes
Off-plan properties, whether for luxury living or new developments, offer a unique opportunity for real estate investment in Dubai. With lower prices, flexible payment plans, and the chance to personalize your living space, off-plan properties are a smart choice for those looking to invest in the UAE's real estate market.
Everhomes experienced team of professionals is always ready to offer their help in finding the best options for you!
